Your Favorite Source of Nidhi Banking Software

Packed Full of Powerful Features

NidhiPro is the online web & Mobile Based Deposit, Term Deposit like Pigmy, RD,
FD, MIS and Loan management Software. NidhiPro software is Simple, Clean, Intuitive,
Reliable, Efficient, Pleasant and user-friendly interface is not overly complex,
but instead is straightforward, providing quick access to common features or commands.

Web & Mobile Based

All you need to access the NidhiPro software is a reliable internet connection and
a modern web browser – we guarantee an up-time of over 99.97%..

User Friendly

NidhiPro software is very user friendly that User are not required to be proficient
in IT. The system has a simple graphic user interface and features a logical distribution
of functions.

Robust & secure

NidhiPro is a complete Robust solution for Deposit, Term Deposit like Pigmy, RD,
FD, MIS and Loan management Software. It has been specially designed to cater to
the technological needs of Managing Nidhi Banking in India. All integrated with
accounts.

Cost Effective

Flexible and affordable pricing structure enabling Nidhi Company to benefit regardless
of their size..

Nidhi Gold Add Item Group

Nidhi Gold Loan Interest Setting

Nidhi SB Account Opening

Nidhi SB AC Parameter

Nidhi Share Parameter Details

What is Nidhi Company ?.

A nidhi company, is one that belongs to the non-banking Indian finance sector and
is recognized under section 406 of the Companies Act, 2013. Their core business
is borrowing and lending money between their members. They are also known as Permanent
Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company. They are regulated
by Ministry of Corporate Affairs. Reserve Bank of India is empowered to issue directions
to them in matters relating to their deposit acceptance activities. However, in
recognition of the fact that these companies deal with their shareholder-members
only.
Nidhi companies existed even prior to the existence of companies Act 1913. The basic
concept of nidhi is "Principle of Mutuality" ("Paraspara Sahayata"). Thus they function
for the common benefit advantage of all their members/share holders.

Nidhi companies is governed by Nidhi Rules, 2014. They are incorporated in the nature
of Public Limited company and hence, they have to comply with two set of norms,
one of Public limited company as per Companies Act, 2013 and another is for Nidhi
rules, 2014. No RBI approval is necessary to register the company, as RBI has specifically
exempted this category of NBFC in India to comply with its core provisions such
as registration with RBI etc. Every Nidhi shall, within a period of one year from
the commencement must ensure that it has not less than 200 members.

Why Nidhi Company ?.

Acceptance of deposits is the only reason why Nidhi Company is created by any person,
so the rule 11 and 13 automatically becomes the most important rules of Nidhi Rules,
2014. Nidhi Company can accept deposits and teram deposits like bank/NBFC and can
offer a lucrative interest to attract the rational investor/member. However unlike
Bank and NBFC, Nidhi Company is not allowed to accept funds for more than 5 year
(60 Months). Further, these rules should be followed properly to avoid any hindrance
in the business due to any legal case. More Details...

How to registered nidhi company ?.

The Nidhi Company is very easy and cheap to form to register. Anybody can register
a Nidhi Company and there is no any prescribed qualifications for its owners. To
start a Nidhi Company first need to Incorporate a Limited Company, under the Companies
Act 2013. The MOA (Memorandum of Association) of a Nidhi company must state that
the primary objective of the proposed company is to nurture and promote a habit
of thrift and savings among its members, and accept deposits from or lend loans
only to its members, for the mutual benefits of them. More Details...

What is Nidhi Company Rules ?.

A nidhi company, is one that belongs to the non-banking Indian finance sector and
is recognized under section 406 of the Companies Act, 2013 and Companies (Nidhi
Companies) Rules, 2014. They are also known as Permanent Fund, Benefit Funds, Mutual
Benefit Funds and Mutual Benefit Company. They are regulated by Ministry of Corporate
Affairs.

Nidhi Company Audit

We are providing Audit services and compliance filling for Nidhi Company under "
WEBSOFTEX FINANCIAL CONSULTANCY SERVICES PVT. LTD." with group of CA. Independent
Auditor’s Report Of Even Date On The Financial Statements Of any Nidhi Company.
Report on the Internal Financial Controls under Clause (i) of Sub Section 3 of section
143 of the Companies Act,2013 .

we are taking care of compliance filling for Nidhi Company like following